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Tupelo Warehouse with Net Lease
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2341 Graham Dr, Tupelo, MS

26,800 SF warehouse with a long-term net lease.

Property Size26,800 SF
Lot Size2.00 Acres
Price / SF$89.55
Days on Market262

Property Features for 2341 Graham Dr

General Information

Standard status Active
Size 26,800 SF
Lot size 2.00 Acres
Property subtype INDUSTRIAL
Listing Agency: STREAM Capital Partners
Listed By: Dean Copans · License #20240647
Source: Moodyscre
Added: Nov 11, 2025 Changed: Jul 6 Last Checked: Jul 21 at 5:59AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of STREAM Capital Partners

Investment Insights

Based on property information with market context.

This 26,800 square foot warehouse property features an absolute net lease with over 9 years of remaining term. The lease includes 2% annual rent escalations throughout the term and renewal options. There are five, 5-year renewal options available. The property benefits from attractive economics, featuring a low rent of $6.27 per square foot and favorable pricing at $89.55 per square foot. The lease is corporately guaranteed by a proven operator with over 20 years of established operating history. The property is located in Tupelo, MS.

Key Highlights

  • Absolute Net Lease with over 9 years remaining.
  • Lease corporately guaranteed, indicating strong credit.
  • Attractive economics with low rent of $6.27 PSF and favorable pricing at $89.55 PSF.

Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $254.1k $9.48
− Vacancy −$17.3k −$0.64
EGI $236.8k $8.84
− OpEx −$35.5k −$1.33
NOI $201.3k $7.51
26,800 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$2.88M
$2.52M – $3.35M (±1% cap)
NOI $201,270 @ 7.0% cap · market cap 8.39%
Second Best
Industrial
$2.37M
$2.07M – $2.76M (±1% cap)
NOI $165,751 @ 7.0% cap · market cap 6.91%
Theoretical Best
Office A
$5.03M
$4.40M – $5.87M (±1% cap)
NOI $352,319 @ 7.0% cap · market cap 14.68%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Premier Countertops Kitchen & Bath Showroom

Suggested Use

Top Pick Real Estate Agency Law Firm Storage Facility Hair Salon Grocery & Convenience Store Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

138
Businesses Nearby
Balanced
Demand for This Use

Market

Properties on Market for Warehouses in Tupelo

Jan
Feb
Mar
Apr
May
Jun

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Tupelo Storage — 121 Coley Rd, Tupelo, MS 38801

Frequently Asked Questions

What type of property is this?
Warehouse - 26,800 SF warehouse with a long-term net lease.
Where is this warehouse located?
The property is located at 2341 Graham Dr Tupelo, MS.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Absolute Net Lease with over 9 years remaining.; Lease corporately guaranteed, indicating strong credit.; Attractive economics with low rent of $6.27 PSF and favorable pricing at $89.55 PSF.
(650) 465-3993 Call to check price and availability
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